What is MovieBloc (MBL)?
is a decentralized film and content distribution platform founded by Peter Kim and powered by the Korean video streaming platform Pandora.tv. The platform aims to solve the issues caused by conglomerate dominance in the theater and home entertainment industry through blockchain technology. With MovieBloc, filmmakers receive a transparent share of the revenue, access to audience data, and equal opportunities to showcase their films. Viewers, in turn, have access to a variety of films and content and are rewarded for providing curation, subtitles, and marketing materials to the community.
Who founded MovieBloc?
MovieBloc was founded by Peter Kim, the CEO of Pandora.tv, along with other founders. The MovieBloc team has a rich experience in the entertainment industry and has the ambition to create a decentralized ecosystem that reshapes film production and distribution.
How does MovieBloc work?
MovieBloc utilizes Ontology's blockchain technology to provide transparency and efficiency in film and content distribution. The platform uses smart contracts to fairly distribute revenue between filmmakers and viewers. Filmmakers can upload their films to the platform and automatically receive a portion of the revenue when viewers purchase or rent their films. Viewers can watch films at a reasonable price and are rewarded for their contributions to the community, such as providing curation, subtitles, and marketing materials.
What sets MovieBloc apart?
What sets MovieBloc apart is its pursuit of a fairer and more transparent ecosystem for filmmakers and viewers. By utilizing blockchain technology, filmmakers can directly connect with their audience without the intervention of major distributors and studios. This gives filmmakers more control over their work and provides viewers with access to a wide range of films and content that may otherwise not be available.
How can MovieBloc be used in the future?
In the future, MovieBloc aims to create the largest film ecosystem centered around participants. The platform seeks to offer a wide range of film-related services, such as film financing, production, distribution, and marketing. By utilizing blockchain technology, MovieBloc can democratize the film industry and empower filmmakers to realize their creative vision without relying on traditional distributors.
Additional information about MovieBloc
Since its launch, MovieBloc has achieved various milestones, including the acquisition of 'Cobak', a crypto community service in Korea, and the establishment of MBL Media, a content IP development company. The platform has also formed partnerships with several major players in the film industry to promote the adoption of blockchain technology. MovieBloc is listed on various exchanges and has its own token, MBL, which is used for economic activities within the ecosystem.
Can I earn money with MovieBloc?
Yes, it is possible to earn money with MovieBloc. Filmmakers can receive a portion of the revenue when their films are purchased or rented by viewers. Viewers can also earn rewards for their contributions to the community, such as providing curation, subtitles, and marketing materials. The MBL token
is used for these economic activities and can be earned and traded on various exchanges like Coinmerce.